DUSHANBE, July 14, Asia-Plus – Russian energy giant Gazprom [RTS: GAZP] and Iran”s Ministry of Petroleum will sign on Sunday a memorandum of cooperation in the oil and gas sphere, an Iranian deputy oil minister said.
“Interaction between
Iran
and
Russia
in all spheres and especially in the energy sphere is very wide. We expect to further broaden this cooperation in the future,” Hossein Noghrehkar Shirazi said.
Shirazi said a series of discussions would precede the signing of the cooperation memorandum.
Iran
ranks fourth in terms of crude reserves after
Saudi Arabia
,
Iraq
and
Kuwait
, as well as fourth in terms of oil production after
Saudi Arabia
, the
United States
and
Russia
.
Iran
”s proven gas reserves total more than 28 trillion cubic meters.
